Nurse Training Act

[AI summary unavailable — showing source text] Nurse Training Act - Provides for appropriations authorizations in the areas of construction assistance under the Public Health Service Act. Authorizes assistance under such Act in the expanding of the capacities of nursing schools to provide graduate training. Extends the Financial Distress Grant Program under such Act. Authorizes the Secretary of Health, Education, and Welfare to make grants to assist public or nonprofit private schools of nursing which are in serious financial straits to meet operational costs required to maintain quality educational programs or which have special need for financial assistance to meet accreditation requirements. Provides that any such grant may be made upon such terms as the Secretary determines to be reasonable and necessary, including requirements that the school agree: (1) to disclose any financial information or data deemed by the Secretary to be necessary to determine the sources or causes of that school's financial distress; (2) to conduct a comprehensive cost analysis study in cooperation with the Secretary; and (3) to carry out appropriate operational and financial reforms on the basis of information obtained in the course of the compreh…